Government looking to tap private companies to save Transnet

BusinessTech

South Africa seeks private sector help to improve freight-rail lines and ports for key exports. Transport Minister Creecy calls for investment proposals from companies like Glencore, Anglo American, and BMW. Coal railings at a 30-year low, iron ore shipments declining. Government to keep ownership of infrastructure, private sector to run trains, offer expertise, lease operations, and invest in export terminals.
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